Sign up for our daily briefing

Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Former President Trump leaves Trump Tower in Manhattan, New York City, on Tuesday. Photo: James Devaney/GC Images

The New York attorney general's office said Tuesday night it has informed the Trump Organization that its investigation into the company "is no longer purely civil in nature" and is now also a criminal one.

Why it matters: The attorney general's office is now working with the Manhattan district attorney's office, which has been investigating the Trump Organization for potential bank, tax and insurance fraud.

Driving the news: New York Attorney General Letitia James (D) announced in 2019 that her office was investigating Trump Organization finances.

  • Her office filed a lawsuit last August to compel the organization to comply with subpoenas for an investigation into whether former President Trump and his company improperly inflated the value of its assets on financial statements.
  • Fabien Levy, a spokesperson for James, said in an emailed statement Tuesday: "We are now actively investigating the Trump Organization in a criminal capacity, along with the Manhattan DA." Levy declined to comment further.

What they're saying: Representatives for the Trump Organization did not immediately respond to Axios' request for comment on the news, first reported by CNN.

The latest: Former President Trump said in a statement Wednesday, "These investigations have also been going on for years with members and associates of the Trump Organization being viciously attacked, harassed, and threatened, in order to say anything bad about the 45th President of the United States."

  • "This would include having to make up false stories," he claimed without providing evidence.
  • "Numerous documents, all prepared by large and prestigious law and accounting firms, have been examined, and many hours of testimony have been taken from many people, some of whom I have not seen in years."

Editor's note: This article has been updated with new details throughout.

Go deeper

Time's Up CEO resigns amid Cuomo scandal

Tina Tchen speaks at a demonstration calling for Care Work to be recognized as Climate Work on July 13. Photo: Jemal Countess/Getty Images for Green New Deal Network

President and CEO of Time's Up Tina Tchen announced her resignation Thursday amid revelations that leaders of the sexual harassment victims’ advocacy group advised former New York Gov. Andrew Cuomo on how to respond to harassment allegations.

Background: Tchen had led the organization since 2019 and co-founded Time’s Up Legal Defense Fund with attorney Roberta Kaplan, who also resigned. Tchen was previously chief of staff to former first lady Michelle Obama.

Judge sanctions Sidney Powell and other Trump campaign lawyers over failed lawsuit

Attorney Sidney Powell speaking during a news conference in Washington, D.C, in November 2020. Photo: Sarah Silbiger for the Washington Post via Getty Images

A federal judge on Wednesday sanctioned attorneys — including Sidney Powell, an ex-campaign lawyer for former President Trump who spread baseless conspiracy theories — over an unsuccessful lawsuit that attempted to overturn Michigan’s 2020 election results.

Why it matters: U.S. District Judge Linda Parker formally requested a disciplinary body to investigate whether Powell and the other pro-Trump lawyers, including Lin Wood, should be disbarred for filing the lawsuit, which she said "abused the well-established rules applicable to the litigation process by proffering claims not backed by law."

Arizona AG threatens Maricopa County funds over election audit

An observer watches a contractor for Cyber Ninjas recount Arizona ballots from the 2020 general election. Photo: Courtney Pedroza/The Washington Post via Getty Images

Arizona Attorney General Mark Brnovich is threatening to withhold millions in state funds from Maricopa County if it doesn't comply with the state Senate's partisan audit of the 2020 election, according to a new report sent to the County Board of Supervisors reviewed by Axios.

Why it matters: Nine months after Election Day, this represents an escalation of a fight by Donald Trump-aligned Republicans — in this case, backed by state laws involving taxpayer funds and the power of the Attorney General's office — to continue baselessly questioning the legitimacy of the 2020 election.